Brand Fit Snapshot
Best for:
Not ideal if:
Similar properties you might like:
Quick assessment - takes 30 seconds
AEON Mall Ipoh Station 18, situated at No. 2, Susuran Stesen 18, Station 18, 31650 Ipoh, Perak, represents a key suburban retail hub in Ipoh with a gross leasable area of about 72,000 square meters and capacity for 2,000 vehicles in parking. Established in April 2012 as Ipoh largest mall at the time, it completed a full renovation and reopened in June 2025, incorporating contemporary elements such as a pickleball court to attract leisure visitors.
The property caters to a catchment of approximately 500,000 residents, encompassing middle-income households in Ipoh suburbs, characterized by demographics including families with children, young professionals aged 25-44, and older adults, supported by Perak state population trends showing steady urban growth.
Accessibility relies on connectivity to Jalan Kuala Kangsar and local roads, with a 20-minute drive from Ipoh old town, though public transport options remain limited.
Tenant mix emphasizes everyday essentials and lifestyle offerings, anchored by AEON Department Store and Supermarket, complemented by fashion outlets like Cotton On, Padini Concept Store, Charles & Keith, and Pedro; F&B selections including KFC, Nandos, Starbucks, Sakae Sushi, and Sushi King; plus entertainment, health, and beauty services across 200 units. AEON group occupancy reached 96.2% in early 2025, signaling strong leasing stability amid national retail recovery.
In Ipoh competitive environment with peers like AEON Mall Kinta City and AEON Mall Ipoh Klebang, it holds a solid mid-tier position, bolstered by recent upgrades likely elevating footfall beyond pre-renovation levels of regional averages around 5-7 million annual visitors for similar assets. Leasing opportunities feature varied space sizes from kiosks to 10,000 sq ft units at rents approximating RM10-15 per sq ft monthly, per Perak commercial reports, with advantages in turnkey fit-outs and promotional synergies.
Drawbacks encompass category saturation in F&B and apparel, potential access bottlenecks during peak hours, and exposure to broader economic pressures on discretionary spending in non-metro markets.
Interested in this property?
Choose how you'd like to proceed
Advertise at this property?
Reach high-intent shoppers across digital screens, atria, and experiential placements.
Hours of Operation
Hours
| Monday | 10:00 AM — 10:00 PM |
| Tuesday | 10:00 AM — 10:00 PM |
| Wednesday | 10:00 AM — 10:00 PM |
| Thursday | 10:00 AM — 10:00 PM |
| Friday | 10:00 AM — 10:30 PM |
| Saturday | 10:00 AM — 10:30 PM |
| Sunday | 10:00 AM — 10:00 PM |
Hours may vary on public holidays. Check with individual stores for specific holiday schedules.
Insights
Demographic Profile and Footfall
Ipoh metro area supports a population exceeding 800,000, with AEON Mall Ipoh Station 18 primary trade area encompassing 500,000 middle-class individuals, predominantly families and working adults aged 25-55 per local census data. Recent renovation correlates with upticks in visitor numbers, aligning with Malaysia retail reports noting 10-15% footfall growth in upgraded suburban malls during 2025, though exact figures remain proprietary; weekend family events contribute to consistent traffic, mitigating weekday dips common in car-dependent sites.
Tenant Mix and Occupancy
Balanced tenant composition spans anchors, mid-market fashion (e.g., Cotton On, Padini), diverse F&B (KFC, Starbucks), and leisure options, fostering cross-traffic in a 200-store setup. Group-wide occupancy of 96.2% as of 1Q2025 underscores leasing resilience, yet potential weaknesses appear in underrepresentation of high-end or experiential retail, which could cap premium rent escalation amid Perak average yields of 6-7%. Operational quality benefits from AEON management standards including maintenance and marketing support.
Competition and Market Factors
Operates amid Ipoh saturated retail scene featuring AEON Kinta City (downtown focus) and AEON Ipoh Klebang (emerging suburb), alongside traditional outlets like Ipoh Parade, intensifying rivalry for family demographics. Market reports highlight Perak retail vacancy risks at 5-8% due to e-commerce shifts, with rent levels stable but growth constrained by 2-3% annual inflation; strengths lie in post-2025 refresh enhancing differentiation, though infrastructure aging in surrounding areas poses indirect access challenges during monsoons.
Building Details
Detailed Market Analytics
City Snapshot
Ipoh
Comprehensive market intelligence for retail expansion in this city
Other Retail Destinations in Ipoh
Discover more shopping centers in Ipoh.
Popular in Malaysia
Top retail destinations across Malaysia.
Interested in this property?
Choose how you'd like to proceed
Advertise at this property?
Reach high-intent shoppers across digital screens, atria, and experiential placements.
City Snapshot
Ipoh
Comprehensive market intelligence for retail expansion in this city
